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$728,000

NAL Estimated Property Value

2929 Buffalo Speedway # A1802, Houston, TX, 77098

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,713 Sq Ft
price_per_sqft$419.73 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Electric Oven, Oven, Microwave, Electric Cooktop, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesPlayground, Dog Run, Balcony

Building Information

Year Built1965
Stories1

Land Information

APN1145270180002
SubdivisionThe Lamar Tower Condo Amend
Land UseResidential
Legal DescriptionUNIT 1802 BLDG A .00384 INT COMMON LAND & ELE THE LAMAR TOWER CONDO AMEND
Census Tract411001
Assessed Land Value$80,057
Assessed Improvement Value$341,297
Assessment Year2025

About this property

1802 is an absolutely stunning corner unit facing beautiful sunsets to the west and River Oaks to the north. This unit has been meticulously renovated and redesigned with an open concept of a spacious living/dining with custom built-ins, high end built-in speaker system, and engineered hardwood flooring. The home office is separated from the living area with thoughtfully designed dual-purposed custom cabinetry. The living area side of the cabinetry features the entertainment center and the other side features an office/study. The kitchen is spacious and has wonderful storage. The primary bath has an extra large shower plus a vanity sitting area. The primary bedroom features a spacious walk-in closet and ensuite bath. The large balcony faces west to enjoy amazing sunsets. Lamar Tower is within walking distance to St Johns Episcopal School and Church and Lamar High School. This Upper Kirby/River Oaks location is conveniently located with nearby restaurants, retail, and grocery stores.

Investor Tools

Property Icon
$728,000
Estimated Property Value
$0Estimated Mortgage Balance
$728,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,368 /month
Positive
Cash Flow Estimate:
$1,456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$403/month
$2,055/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,195
$421,354
2025
$80,057
$341,297
$421,354
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,195
$421,354

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$719,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,055/mo
$-95/mo
3.2%

City: Houston